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Champions Oncology Reports Financial Results for the Quarter Ended October 31, 2012

  Depreciation expense


49  Change in fair value of warrant liability


(288)  Changes in operating assets and liabilities


(533)Net cash used in operating activities(2,554)(3,291)Cash flows from investing activities:  Purchases of property and equipment


(160)Net cash used in investing activities:(28)(160)Cash flows from financing activities:  Proceeds from exercise of options and warrants


98Net cash provided by financing activities:-98Exchange rate effect on cash and cash equivalents


15Decrease in cash and cash equivalents


(3,338)Cash and cash equivalents, beginning of period4,71610,457Cash and cash equivalents, end of period$2,161$7,119 

SOURCE Champions Oncology, Inc.
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